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Jan 24, 2013
01/13
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i think the debt ceiling punt was the latest example of this. the president says, if we don't do this the market is going to implode and congress puts its tail between it legs. i haven't heard anything from s&p or moodies who say we want the debt ceiling to go higher. everybody watching this show who has cut back 0, government has to learn how to do the same thing. it's cowardly in washington to continue to hide behind the notion that we're going to collapse overnight as a nation if we don't keep spending ourselves to death. >> i agree. congressmen have basically sent a message that today is not the day we're going to stop spending our children's and grandchildren's money, and charles is exactly right. the reason why our credit got downgraded is because of our out of control spending and out of control debt. the fiscal cliff deal even we just witnessed, it's such -- added four trillion dollars to our deficit over the next ten years. so, congress is not serious about reigning in spending and that's exactly when the we need to too. >> but they're
i think the debt ceiling punt was the latest example of this. the president says, if we don't do this the market is going to implode and congress puts its tail between it legs. i haven't heard anything from s&p or moodies who say we want the debt ceiling to go higher. everybody watching this show who has cut back 0, government has to learn how to do the same thing. it's cowardly in washington to continue to hide behind the notion that we're going to collapse overnight as a nation if we...
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Jan 28, 2013
01/13
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that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism called sequester. that means $1 trillion will be cut across the board. $500 billion out of defense. across the board. >> in a meat ax approach that will hollow out the force if it happens. >> one of the nation's largest defense contractors general dynamics based in false church virginia reported $2 billion in losses. blaming the upcoming defense cuts. the aerospace industry association estimates that $450,000 jobs will be lost in virginia, maryland and washington, d.c. if dequest ration cuts take place in march, which could be devastating to the local economy. >> we are talking about somethi
that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism...
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Jan 24, 2013
01/13
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and house nearly three months to raise the debt ceiling. >> look, i understand why they want to move the initiative forward and i think there is some strategicty to the way they're doing it it and i believe the second part the of it it, congress shouldn't get paid unless a budget is passed. no one wants to miss a paycheck certainly, but i think it's a very valid point and i think that it's not unfair to say to the people if you're not going to do your job, you shouldn't get paid. >> greta: and we keep getting these, like goal posts and mile posts and three more months. >> absolutely. >> greta: six more months and another excuse-- >> in fairness, i think it's the house. if they believed they could pass a bill out of house that not only dealt with the debt limit, but with our debt problem and passed out of the senate and signed by the president they would do it in a heartbeat. that's not what they're facing. they want facing a president that wants unconditional limits and the senate hasn't passed a budget in days. i think they're trying to make the best of a bad situation. absolutely w
and house nearly three months to raise the debt ceiling. >> look, i understand why they want to move the initiative forward and i think there is some strategicty to the way they're doing it it and i believe the second part the of it it, congress shouldn't get paid unless a budget is passed. no one wants to miss a paycheck certainly, but i think it's a very valid point and i think that it's not unfair to say to the people if you're not going to do your job, you shouldn't get paid. >>...
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Jan 24, 2013
01/13
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. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >> the democratic controlled senate is expect to do approve the debt bill. it has not pass add budget in four years. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. calif
. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >>...
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Jan 29, 2013
01/13
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a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance to make the both leaner a more efficient. >> reducing the debt we eliminate an additional drag on the economy. so this isn't a conversation about austerity. it's a conversation about growth. and opportunity. >> republicans say part of getting the nation's fiscal house in order requires cutting government spending. democratic talking point this week is spending isn't the problem. it's the media. >> i am not going to keep cutting the discretionary budget which by the way is not out of control. despite what you hear on fox news. >> though this graphic from the office of management
a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance...
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Jan 27, 2013
01/13
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delaying the debt ceiling, which i said they need to do to -- what are they buying with the few months? not bad forcing the senate to address the budget but what they are not doing, we are not having a national discussion of the medicare numbers we were talking about. we are not having a diagnostic consensus in this country. that, my god, we are going broke which gets you -- they do not go --. >> and i say one thing? the word was used "transformational" and doug said he wants to transform into more of a liberal president. where he ought to be, and we are political insiders association i would give him this political advise, he wanted to be a ronald reagan. he wanted to a transformational president. just as only nixon could go to china, only an african-american re-elected democratic president we can be the guy to take the entitlements and fix them for the long term but he doesn't want to. >> he wants to expand them and transform america. >> they will be bankrupt. >> johnson and fdr got circumstances percent of the vote. >> the new mantra, is debt doesn't matter. >> someone else's proble
delaying the debt ceiling, which i said they need to do to -- what are they buying with the few months? not bad forcing the senate to address the budget but what they are not doing, we are not having a national discussion of the medicare numbers we were talking about. we are not having a diagnostic consensus in this country. that, my god, we are going broke which gets you -- they do not go --. >> and i say one thing? the word was used "transformational" and doug said he wants to...
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Jan 28, 2013
01/13
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on may 19th is what the debt ceiling has been extended to. what paul ryan is saying is that whatever bill comes out of the senate will call for more taxes and republicans in the house will not accept that. and if that then is the case then you get the cuts to the defense department and medicare. do i have that right? >> that is fundamentally correct. what we are looking at and what we'll see is whether or not the democrats in the senate insist that they sequester would be altered only by raising taxes and that is not going to happen. we just had a $650 billion tax increase we are not going to do another one. these were cuts in law and they need to be altered. the president in his debate with governor romney said the sequester will not happen, and he's got to step up and help us work our way through that, because it does cut too much, in my opinion, the defense department. they've already had a big cut. this will be another big cut. and i think it's dangerous for the defense department and will do damage in a way that we should not do. bill: i
on may 19th is what the debt ceiling has been extended to. what paul ryan is saying is that whatever bill comes out of the senate will call for more taxes and republicans in the house will not accept that. and if that then is the case then you get the cuts to the defense department and medicare. do i have that right? >> that is fundamentally correct. what we are looking at and what we'll see is whether or not the democrats in the senate insist that they sequester would be altered only by...
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Jan 29, 2013
01/13
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bill: with the budget and the debt ceiling and the immigration push that becomes a pretty crowded calendar. does that mean that new gun laws don't happen and get no movement or traction in this congress? >> kwhraeu don'yeah i don't expect that them. i understand the issue of people raising it and how they are raising it given the environment we are in in the aftermath of a terrible tragedy. no gun laws have ever worked to accomplish that. some of the place necessary this country with the strictist gun laws have the most violence. let's have that debate, we are happy to point out that. bill: last week harry reid seemed to suggest that he did not want to put his senate democrats in an uncomfortable situation regarding a vote on gun control. there are 20 democratic senators up for re-election in 2014. is it your belief that he's trying to give them cover? >> well, i understand why, we -- by the way, the right to bear arms is not something we made up. it is a constitutional right and i hope that there are democrats that are uncomfortable about doing things that undermine that. it is a basic fu
bill: with the budget and the debt ceiling and the immigration push that becomes a pretty crowded calendar. does that mean that new gun laws don't happen and get no movement or traction in this congress? >> kwhraeu don'yeah i don't expect that them. i understand the issue of people raising it and how they are raising it given the environment we are in in the aftermath of a terrible tragedy. no gun laws have ever worked to accomplish that. some of the place necessary this country with the...
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Jan 27, 2013
01/13
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rounding out the top five worries the price of energy, government regulations and the federal debt ceiling. in a separate questionnaire, owners flagged concerns for not hiring. 6 out of 10 said again wore areries about the potential cost of healthcare but three other reasons for not adding workers topped that. the reasons they gave, 81% said they do not need additional help. three quarters blamed revenues and sales. and two thirds point to worries about the overall u.s. economy. that said, there are some bright spots in the survey. overall, u.s. small biz owners optimistic with their environment this month. the small business index jumped to a positive number plus nine after plummeting to negative 11 in the last quarter. that was taken right after the presidential election. still, owner optimism is far below the recent high in april of last year. the bottom line, the bottom line of our nation's biggest hirers is making them worry about adding new workers and it is healthcare costs that are keeping them from putting out the help wanted sign. shannon, back to you. >> shannon: brenda, thank y
rounding out the top five worries the price of energy, government regulations and the federal debt ceiling. in a separate questionnaire, owners flagged concerns for not hiring. 6 out of 10 said again wore areries about the potential cost of healthcare but three other reasons for not adding workers topped that. the reasons they gave, 81% said they do not need additional help. three quarters blamed revenues and sales. and two thirds point to worries about the overall u.s. economy. that said,...
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Jan 25, 2013
01/13
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when we take up the debt ceiling deal? reporter: the senate is likely to take up the bill some time next week. they are required to pass a budget by april 15. bottom line, fiscal conservative senators are loving it. >> they have really written some good budgets, tough budget that they have defended, but the democratic senate has just a few. they say send more money. they need the american people to send more money. we don't need a budget to tell you where the money is going to be. so i think that they understand. >> some are complaining that the senate democrats refused to do about it for three years in a row. finally, now that the house has passed the measure and we start to hear the senate democrats saying that they are going to do a budget. jon: is part of that deal, they are required to pass it by april 15, or else no budget and no pay. they will ultimately get paid down the road, but for those who are not part of the millionaires club, no paycheck, even in the short term. arthel: what are the democrats in the senate s
when we take up the debt ceiling deal? reporter: the senate is likely to take up the bill some time next week. they are required to pass a budget by april 15. bottom line, fiscal conservative senators are loving it. >> they have really written some good budgets, tough budget that they have defended, but the democratic senate has just a few. they say send more money. they need the american people to send more money. we don't need a budget to tell you where the money is going to be. so i...
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Jan 25, 2013
01/13
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. >> well, i think that the real turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that point, we can't do business with these guys. boehner can't control the tea party element in his own house. and we're going to have to start running for president and running for president, pushing a liberal agenda. really from mid-summer, boehner says from labor day of 2011, he was very much running for president, pushing the liberal agenda. he was the protector of the middle class. and it is continued up through his re-election and now we see it in his inaugural address, very little talk about common ground. you know he basically dismissed his republican opposition as absolutism, as name-calling. i th
. >> well, i think that the real turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that...
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Jan 28, 2013
01/13
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that was to pay for the last debt ceiling increase let alone any future increases. >> reporter: one of the nation's largest federal contractors, general dynamics based in fall's church, virginia, announced a $2 billion loss which it is blaming on defense cuts and falling government demand. >> draconian measures will have to be taken, furloughs, layoffs in the defense industry but most importantly to me, a devastating blow to our national security if the sequestration takes place. and it is up to congress and the president to act together and frankly so far i have not seen the kind of urgency that many of us feel about sequestration and, its implementation report so it seems with the war being wound down in afghanistan, the real fight begins at home for tighter bum jets. jamie? jamie: those civilians play an important role. thanks. jon: take a look at this. a brush with death for a guy on a motorcycle, when a big-rig truck flips over and nearly crushes him. jamie: whoa. jon: yeah, that amazing video, where it happened. we'll tell you about it coming up. >>> plus football is america's mo
that was to pay for the last debt ceiling increase let alone any future increases. >> reporter: one of the nation's largest federal contractors, general dynamics based in fall's church, virginia, announced a $2 billion loss which it is blaming on defense cuts and falling government demand. >> draconian measures will have to be taken, furloughs, layoffs in the defense industry but most importantly to me, a devastating blow to our national security if the sequestration takes place....
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Jan 24, 2013
01/13
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and we'll up the debt ceiling? >> i will. i also think that it's important that we get this issue behind us. we get the sequestration stopped. we get this whole fiscal cliff, cr addressed, the continuing resolution keeping the government in business because it just sends a wrong message to businessmen and women, small and large in our country. we need to have a path to a balanced budget and we need to cut spending and we need to reform entitlements. that's what we need to do. >> alisyn: senator, let's talk about what happened on capitol hill yesterday with secretary clinton, came in front of you to talk about benghazi. what did you learn yesterday? >> not much. not much. she was feisty, according to the main stream media. she obviously has an adoring media. she really didn't answer any questions. her response to senator johnson about whether there was a spontaneous demonstration or not, saying it didn't matter. it didn't matter how these people died? that was stunning. that was really stunning. of course it matters. it matter
and we'll up the debt ceiling? >> i will. i also think that it's important that we get this issue behind us. we get the sequestration stopped. we get this whole fiscal cliff, cr addressed, the continuing resolution keeping the government in business because it just sends a wrong message to businessmen and women, small and large in our country. we need to have a path to a balanced budget and we need to cut spending and we need to reform entitlements. that's what we need to do. >>...